12 CFR 710.7 - Retention of records.

§ 710.7 Retention of records.
(a) The board of directors or liquidating agent shall appoint a custodian for the Federal credit union's records which are to be retained after the final distribution of assets.
(b) All records of the liquidated Federal credit union necessary to establish that creditors were paid and that assets were equitably distributed to the members shall be retained by the custodian for a period of five years following the date of charter cancellation.

Title 12 published on 2015-01-01.

No entries appear in the Federal Register after this date, for 12 CFR Part 710.

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United States Code